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STANDARD 11

US HISTORY STANDARD 11

QuestionAnswer
Industrial Revolution The Gilded Age 1870-1890
Laissez-Faire French phrase meaning "let people do as they choose
Entrepreneurs People who risk their own money in organizing and running a business
Alexander Graham Bell Came up with the idea of the TELEPHONE in 1874
Thomas Edison ***"The Wizard of Menlo Park" ****the greatest inventor of the 1800s ****invented the 1st Phonograph audio recorder, rechargeable battery, and the ELECTRIC LIGHT BULB
Cornelius Vanderbilt THE COMMODORE ***was first a boat captain who built the largest steamboat fleet in the US ***purchased and merged 3 short New York (NY) railroads to form New York Central Railroad
robbers barons Great wealth acquired by entrepreneurs led to accusations that they built fortunes swindling and cheating
Andrew Carnegie dominated the iron and steel industries
John D. Rockerfeller dominated the oil industry with his STANDARD OIL COMPANY **used ruthless tactics to buy out competing companies
horizontal integration when companies (like Standard Oil) buy similar companies to reduce competition
Vertical Integration when companies (like Carnegie Steel) buy companies in order to gain materials needed to make or deliver their products
Monopolies Giant companies that control the majority of an industry **also known as TRUSTS
Immigration From 1820-1921 a record 23 million immigrants arrived in the US looking for jobs and ** U.S. did not have quotas (limits) on how many immigrants from a
Quotas limits
Ellis Island immigration center where 75 % of all immigrants entered the USA
urbanization **city growth rural Americans moved to cities immigrants entered the USA
sky scrapers engineering innovations that led to modern American cities **tall buildings **as cities grew, and the price of land increased, buildings grew upward instead of outward
the Home Insurance Building in Chicago Illinois the first structure to be called a skyscraper
tenements low rent apartments, in the poorest parts of town called slums; where most urban immigrants lived
child labor rapid growing industries used child labor because it was cheap labor
labor Unions organizations joined by workers in response to the low wages, long hours, and dangerous working conditions to collectively bargain for improvements
Knights of Labor one of the first labor unions; was open to all workers regardless of race , gender or skill
American Federation of Labor (AFL) the most successful union led by Samuel Gompers; used skilled workers but used collective bargaining to gain better pay, shorter hours, and better working conditions
strikes tactics used by unions to stop production in order to force management to accept union demands
Haymarket Strike Unionists demanded an 8 hour day ; violence broke out and they were viewed as "un-American"
Homestead strike violent strike at Carnegie Steel Plant ; Federal troops were called to reopen the plant with replacement workers
pullman strike national strike when Pullman Palace company cut wages by 50% ; President Cleveland sent the army to end the strike
Created by: trenicetaylor
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